Greenbacker Renewable Energy has bought the over 55MW Howard wind farm in the US state of New York from the BlackRock Global Renewable Power Fund 2 for an undisclosed price.
The Howard project, which is located in Steuben County, is Greenbacker’s first wind asset in New York.
The wind farm, which achieved commercial operation in the fourth quarter of 2011, generates enough electricity to power approximately 12,500 New York homes a year.
Greenbacker Renewable Energy chief executive Charles Wheeler said: “It’s a joy to deliver clean energy close to home,.
“We’re very pleased that our successful ongoing collaboration with BlackRock has allowed us to enter a new wind market with Howard, which is not only our first wind asset in New York, but also the second largest project in our entire wind fleet.”
Howard comes with an existing renewable energy credit contract with an unnamed investment-grade offtaker.